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None of these are US sourced income in the way we are talking about, which is ECI. You would have to have a US employee or conduct some activity from US territory (in a majority of cases) to trigger US ECI. Just having clients is not important.

You can theoretically go for Anjouan as you mention but IMO this is not more than a cosmetic license. It theoretically works but these licenses are not globally recognised, I think the primary benefit is that you can use bank in your business name, lol. Yes, it's very slow and compliance is...

Why Spain? It is a tax hell even for EU standards, not particularly effective banking, UBO disclosure the same way as everywhere else. Maybe you have some more effective tax structures your firm implements? Can you elaborate on the value and benefits of this service (and Spain's involvement)?

Coffeezilla video is unfortunately a very inaccurate rendition of events. Simply Synapse moved funds between client accounts at Evolve and their own licensed brokerage. When you are a client of a broker, you are not insured by the FDIC (obviously). The problem was that Synapse terms allowed...

Well, what @Sols is suggesting is that since they are just a wrapper of European EMIs (some of which they own), there is a very high chance that the companies could be placed directly with those European EMIs and avoid the risk of holding the funds with this sort of bank (i.e., an entity which...

Same company Legit but not cheap. Like a 90% chance you'll be restricted to B2B EUR SEPA for business (unsurprising, it is a Dominica license :/ and they are using CENTROlink) True. Individuals are serviced through their retail platform Jeton.com The review is kind-of accurate. It is a real...

EUSSR doing EUSSR things... I would argue nothing in the EU is particularly attractive, but it is a decent choice in its current state.

Yes, I know the founder J.Z., he was also the owner of Freenom. Personally, I do not actively use Yoursafe, but I know an adult marketing agency that does, and they have positive opinions on it. Nevertheless, I think the focus is practically fixed on adult content and similar sectors. This is...

His name is FATCA, the same as the system. Where is the spelling mistake?

When it is an offshore corp (or any other single legal/natural person) as the sole member, the company is just a disregarded entity and nothing more, therefore achieving the simplest possible tax filings you can get in the US. When you have multiple members of any type, it becomes a partnership...

My advice is to read https://www.cnmv.es/DocPortal/Legislacion/leymercado/LM_203-March2008_20_2.pdf

Neither of these run on Banking Circle, so how is this relevant to the thread?

Yes, in Cyprus you can do the same, but company operation costs of a CY Ltd are much higher than a UK Ltd. SLP is fine, it's a good structure, though its functionality depends on who you appoint as the additional partner. If you have a corporate entity as a member (preferably a GP, beneficial...

UK companies, same as Cyprus and a few other jurisdictions, can lose their tax residency. So, if you prove the UK Ltd is a taxpayer somewhere else under a DTT and does not hold a UK PE/CFC, it doesn't have to pay tax locally. Nevertheless, this is a bit difficult to document in 0% CIT places...

Yes, really, in Europe they don't have an EMI license and frankly it would be a waste of resources for no added value due to the way PSD2 is implemented in Belgium. In the UK it is an EMI. What is the problem?

Just an aggregator of on-ramp services, not a real merchant system. Not good for conversion rate or user understanding because it cannot be iFramed and users are confused when sent randomly to a page to buy crypto to an unknown wallet with no info about the purchase. And you are right that...

False. They do not even have an EMI license because Belgian regulations (same as e.g. CZ) allow PIs to undertake nearly equivalent activity via payment instruments. It is not too difficult to scroll down to the footer of a website. Wise Europe SA is a company incorporated in Belgium with...

No, they don't Potentially

Well, Musk seemingly wanted to do it quickly, since it was cancelled less than 1 business day after he replied to a tweet requesting for it to be done. I am not an expert on this area of law in general but it could be that Trump has the ability to remove the punishments with his decree while he...

Exempt - no, because the law was not cancelled. But the punishments for not doing it have been removed. So you are basically breaking a law that has no fines/repercussions for not being followed.